Tambar- license with owners Aker BP and Faroe have now approved Tambar- development, consisting of two additional wells and gas lift. This is a major milestone for Tambar- that extends the production period from about 2018 to 2028 with a potential upside.

Around 1.7 billion kroner will be invested targeting gross reserves of 27 million barrels of oil equivalent (boe), Aker BP’s share is 15 million boe. The expectation is that this will give 4-6000 new barrels a day over several years.

It was 4D seismic in 2014 that made us safer on the resources of the field’s northern area and thus laid the foundation for two wells from originally,” says Evy Thorbjørnsen, Ula Asset Integration Manager who will lead Tambar- project.

The drilling rig Maersk Interceptor will drill the two wells starting in Q4 this year. Drilling will also test the oil-water contact in the northern part of the Tambar field which will contribute to increased understanding of Tambar- reservoir.

“The Tambar development is a robust project which has a breakeven under USD 20 per barrel. The two-infill wells will use the two remaining drill slots on Tambar platform and we are reusing UGIP- pipeline for gas lift from Ula. In addition to the two wells, the project includes modifications on both Tambar platform and Ula’s production platform. The changes include piping and equipment for measurement and transport of lift gas, upgrading of support systems on Tambar, scope of work for the rig intake, connection of flowlines for the new wells and installation of a conductor guide structure under the platform. The UGIP pipeline will be modified to terminate at the Tambar platform. During the implementation, construction personnel will stay on the drilling rig used to drill the infill wells on the Tambar field.

The project team consists of personnel from various functions and disciplines within the organization, and requires close and integration of the various activities. The project has a tight schedule and production from the new wells is scheduled to start in the first half of 2018, depending on when the rig arrives on the field.

About Aker BP

Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS).

About Faroe Petroleum

Faroe Petroleum is an experienced licence operator having operated several exploration wells successfully in Norway and the UK and is also the production operator of the Schooner and Ketch gas fields in the U.K. Southern Gas Basin and the Trym and Oselvar fields in the Norwegian North Sea. Faroe also has extensive experience working with major and independent oil companies both in Norway and in the UK.